WAEC Economics 2013 Objective — Question 14
Question 14 of 50 from the West African Examinations Council (WAEC) Economics 2013 Objective paper, with the correct answer and a full explanation.
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Which of the following is a function of money?
- A. Medium of communication
- B. Measure of securities
- C. Store of wealthCorrect
- D. Discounting bills of exchange
Explanation
Money serves as a store of wealth — people can sell goods and keep money as an asset for future use.
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